Controversy
In December 2005 the Australian Competition and Consumer Commission commenced prosecution against Visy for alleged involvement in a cartel in the packaging industry.
In March 2006 there was further controversy when it was revealed former Premier of New South Wales Bob Carr had accepted a consultancy to advise Visy on recycling.
On 2 November 2007 Pratt and the Visy group received a A$36 million fine for price fixing, representing the largest fine in Australian history at the time.
Read more about this topic: Visy Industries
Famous quotes containing the word controversy:
“And therefore, as when there is a controversy in an account, the parties must by their own accord, set up for right Reason, the Reason of some Arbitrator, or Judge, to whose sentence, they will both stand, or their controversy must either come to blows, or be undecided, for want of a right Reason constituted by Nature; so is it also in all debates of what kind soever.”
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